495 Bergen Street
495 Bergen Street
$552,000
8
4
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Sold 4/18/24
Description
You now have an unbelievable chance to become the owner of this three-unit multi-family property. Spacious bedrooms, large living rooms and a huge partially finished basement with a full bathroom are just a few of the highlights. There is potential for up to $74,000 in yearly rental income after renovations. That is not even considering the HUGE basement with tons of potential for storage. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 &...You now have an unbelievable chance to become the owner of this three-unit multi-family property. Spacious bedrooms, large living rooms and a huge partially finished basement with a full bathroom are just a few of the highlights. There is potential for up to $74,000 in yearly rental income after renovations. That is not even considering the HUGE basement with tons of potential for storage. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 10 minutes from Newark Penn Station and Beth Israel Hospital. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. Sold strictly AS-IS. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
- Listed by Alnazir Blackman • Signature Realty NJ LLC • (973) 921-1111
Property Details for 495 Bergen Street
Style
3 Family
Sub styleTop/Btm
WaterfrontNone
GarageNone
Location
LISTING UPDATED: 04/25/2024 04:35 PM
Property Details for 495 Bergen Street
Status | Sold |
---|---|
MLS # | 24005082 |
Days on Market | 27 |
Taxes | $6,769 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3 Family |
Year Built | - |
Lot Size | 0.06 AC / 2,500 SF |
County | Essex County |
Location
Building Information for 495 Bergen Street
Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF
Payment Calculator
$3,577 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 495 Bergen Street
Property History for 495 Bergen Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 495 Bergen Street
Taxable ValueLand$22,400Additions$158,800Total$181,200
Tax Record2022$6,770 ($564 / month)
Home Facts
Beds0Total Finished SqFt2,781 SqFtAbove Grade Finished SqFt2,781 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1952CountyESSEXAPN14 02611-0000-00028
Schools near 495 Bergen Street
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Louise A. Spencer Elementary School PublicPK to 8 | ||
Newark Innovation Academy Public9 to 12 | ||
Belmont-Runyon Elementary School PublicPK to 8 | ||
South Seventeenth Street Elementary School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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